1. Portfolio reshuffling trail bullish stock market
Positive sentiment and portfolio reshuffling pervaded the Nigerian stock market last week fueled by recent developments in the foreign exchange, FX, landscape amidst higher treasury bills yield as investors increased buying interests in stocks apparently to hedge against inflation… Read more
Source: https://www.vanguardngr.com/2023/11/portfolio-reshuffling-trail-bullish-stock-market/amp/
2. Sahara donates health equipment to UBTH
The Sahara Group, through its subsidiary, Sahara Group Foundation, has reaffirmed its dedication to healthcare improvement by donating state-of-the-art medical equipment to the University of Benin Teaching Hospital, in Edo State… Read more
Source: https://punchng.com/sahara-donates-health-equipment-to-ubth/
3. Leadway, Leytro partner to offer pay-as-you-drive insurance
Leytro, an insurtech company specialising in usage-based insurance for small and medium enterprises (SMEs), has entered into collaboration with Leadway Assurance to deliver user-friendly, cost-effective, and incentive-driven insurance policies tailored for fleet managers and drivers… Read more
Source: https://www.vanguardngr.com/2023/11/leadway-leytro-partner-to-offer-pay-as-you-drive-insurance/amp/
4. NCRIB to promote professionalism
The newly elected President of the Nigerian Council of Registered Insurance Brokers, Babatunde Oguntade, says he will boost professionalism in the industry, as part of his eight-point agenda during his tenure… Read more
Source: https://punchng.com/ncrib-to-promote-professionalism/
5. NGX mulls dual listing with Saudi Stock Exchange
The Group Chairman, Nigerian Exchange, NGX Group, Dr. Umaru Kwairanga has disclosed the proposed plans for dual listing with the Saudi Exchange, noting that President Bola Tinubu’s economic reforms have created room for investment in Africa’s largest economy… Read more
Source: https://www.vanguardngr.com/2023/11/ngx-mulls-dual-listing-with-saudi-stock-exchange/amp/
6. EFCC, NEITI to fight corruption
The Nigeria Extractive Industries Transparency Initiative and the Economic and Financial Crime Commission have entered into partnership on the fight against corruption in the oil, gas and mining sectors… Read more
Source: https://punchng.com/efcc-neiti-to-fight-corruption/
7. N156bn debt: UBA takes over Stallion Group’s assets
The United Bank for Africa, UBA, Plc has taken over the assets of Stallion Nigeria Limited and its subsidiaries in Lagos, Port Harcourt and Kano, following an order of a Federal High Court in Lagos, in an alleged N156,026,032,804.84 debt suit… Read more
Source: https://www.vanguardngr.com/2023/11/n156bn-debt-uba-takes-over-stallion-groups-assets/amp/
8. Adopt pension plan, PenCom tells informal sector workers
The Director-General, National Pension Commission, Aisha Dahir-Umar, has urged informal sector workers to embrace the Micro Pension Plan… Read more
Source: https://punchng.com/adopt-pension-plan-pencom-tells-informal-sector-workers/
9. Dangote, AIICO shine at insurance awards
Dangote, AIICO, and others shined at the 2023 Almond Insurance Industry Awards and Consumers’ Nite… Read more
Source: https://punchng.com/dangote-aiico-shine-at-insurance-awards/
10. Subsidise social housing, operators urge govt
Operators in the building industry have called on the government to subsidise social housing to bridge the affordability gap… Read more
Source: https://punchng.com/subsidise-social-housing-operators-urge-govt/
